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#middle-east

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US-Iran Peace Deal Could Stabilise Oil Markets, But Recovery Will Take Time, Says Finance Ministry Official

A peace agreement between the US and Iran could help stabilise global oil prices and ease shipping disruptions in the Strait of Hormuz, Malaysia's Finance Ministry said, though full recovery will require time as logistics costs remain elevated.

By Lim Wei Jie · 19 Jun 2026 · 4 min read

Anwar Acknowledges Putin and Xi's Stances on Gaza and Iran Tensions

Prime Minister Anwar Ibrahim has publicly recognised statements from Russia's Putin and China's Xi regarding Middle Eastern developments, including Gaza and Iranian military operations.

By Khairul Anuar · 19 Jun 2026 · 4 min read

Oil slides on US-Iran ceasefire deal as market braces for Iranian crude return

Oil prices declined over 2% following a US-Iran ceasefire agreement that would restore shipping through the Strait of Hormuz and lift sanctions on Iranian crude, reshaping global energy supply dynamics.

By Rajesh Kumar · 18 Jun 2026 · 4 min read

US-Iran Peace Deal Could Stabilise Oil Markets, But Recovery Will Take Time, Says Finance Ministry Official

Anwar Acknowledges Putin and Xi's Stances on Gaza and Iran Tensions

Oil slides on US-Iran ceasefire deal as market braces for Iranian crude return

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